-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueThe Growing Industry
In this issue of PCB007 Magazine, we talk with leading economic experts, advocacy specialists in Washington, D.C., and PCB company leadership to get a well-rounded picture of what’s happening in the industry today. Don’t miss it.
The Sustainability Issue
Sustainability is one of the most widely used terms in business today, especially for electronics and manufacturing but what does it mean to you? We explore the environmental, business, and economic impacts.
The Fabricator’s Guide to IPC APEX EXPO
This issue previews many of the important events taking place at this year's show and highlights some changes and opportunities. So, buckle up. We are counting down to IPC APEX EXPO 2024.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - pcb007 Magazine
Samsung Electro-Mechanics Posts 17% Growth in 4Q2020 Sales
January 29, 2021 | Samsung Electro-MechanicsEstimated reading time: Less than a minute
Samsung Electro-Mechanics has reported sales of KRW 2.0864 trillion ($1.87 billion at $1:KRW1,115.97) for the fourth quarter of 2020, up by 17% compared to the same quarter of the previous year. Operating income for the period reached KRW 252.7 billion ($226.4 million), an increase of 73% compared to the same period in 2019.
The company attributes the earnings improvement to the revenue growth from its MLCC, package circuit board, and OLED rigid-flex PCB (RFPCB) segments due to the growth in the 5G telecommunications market.
For the full year 2020, Samsung Electro-Mechanics recorded total sales of KRW 8.2087 trillion ($7.36 billion) and operating income of KRW 829.1 billion ($742.99 million), up by 6% and 12%, respectively, compared to the previous year.
The company's Circuit Boards Business recorded revenues of KRW 557.9 billion ($499.96 million) in the fourth quarter, up by 23% on a quarter-on-quarter basis. Performance improved with the growth in demand for mobile APs, package circuit boards, and OLED RFPCBs.
This year, the company plans to improve profitability of its Circuit Boards business by expanding its supply of package circuit boards, including 5G, automotive, and thin-plate CPU circuit boards, amid increasing demand driven by the expected improvement in the semiconductor market.
Suggested Items
MKS Instruments Reports Q1 2024 Financial Results
05/09/2024 | MKS Instruments, Inc.MKS Instruments, Inc., a global provider of enabling technologies that transform our world, reported first quarter 2024 financial results.
Punching Out: Breaking Out of the Valuation Box
05/09/2024 | Tom Kastner -- Column: Punching Out!Most companies are in a “valuation box.” That is, the value of the company, based on a market multiple, is not equal to the value of the assets. Or worse, once debt is paid off, the net proceeds would actually be negative. Here are some tips for getting out of the box.
Incap Releases Unaudited Business Review for January–March 2024
05/08/2024 | IncapRevenue for the first quarter 2024 amounted to EUR 51.4 million (1–3/2023: EUR 72.2 million). Year-on-year the revenue decreased 29.3%, as expected.
Schweizer Electronic: Business Development in Q1 2024
05/08/2024 | Schweizer Electronic AGThe sales of the SCHWEIZER Group amounted to EUR 39.2 million in the first quarter of 2024 (Q1 2023: EUR 37.1 million). This corresponds to an increase of +5.5 percent compared to the same quarter of the previous year.
Key Tronic Announces Results for Q3 of Fiscal Year 2024
05/08/2024 | Globe NewswireFor the third quarter of fiscal year 2024, Key Tronic reported total revenue of $140.5 million, compared to $164.6 million in the same period of fiscal year 2023.